Wormhole launches reserve fund, reinforcing the value of token W

Wormhole has just announced the launch of a new reserve fund, linking the revenue of the protocol with the value of token W. This is part of the major update W 2.0, aimed at reinforcing the value of this token in the long term.

Mechanism and benefits

The new reserve fund, called Wormhole Reserve, will collect revenue from on-chain and off-chain applications and protocols to buy back and lock token W in the fund. This not only helps create a store of value but also ensures that the value of token W is reinforced according to the development of #Wormhole .

Additionally, W 2.0 also introduces a base interest rate of 4% for those holding tokens and participating in governance. Rewards will be drawn from the existing supply and revenues of the protocol, ensuring that the token supply does not face inflation.

Promoting stability and transparency

To create a more stable investment environment, Wormhole will change the token unlocking schedule from the "cliff" model (unlocking a large amount at once) to regular unlocking every two weeks starting from 3/10/2025. The locking periods for certain groups, including both #Validator and investors, will also be extended by an additional 6 months. These changes aim to reduce sell pressure and create transparency, reinforcing investor confidence in the long-term potential of Wormhole and token W. #anhbacong